Hi traders,

the first part of the day prices moved within the yellow range. The overnight highs were broken directly at the open. As most breakouts out of ranges fail prices came back inside and tested the range low/overnight lows. From there we saw a spike and channel structure breaking out of the range. Prices trend higher as I write this. There were not too many trading possibilities today but some good trades in the spike and channel.

Hope you had a good trading day.